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Week 6 Written Assignment: Your Business Plan Part 3 ____________________________________________ The primary goal of any business entity is to be financially successful and sustaining. In this portion of your proposal, you will develop a tentative budget plan for your proposed business. Remember that the purpose of a budget is to: Identify the type of business you are operating under (i.e. sole proprietorship, corporation, LLC, etc.) and identify the benefit of operating under this business type Identify budgeting type (Operational budgeting, capital budgeting, rolling forecast budgeting, etc.) Align your operational plans and goal with finance targets Effectively manage/balance capital expenditures with revenue Plan revenue sources Define allotment of revenue to expenditures such as personnel costs, projects, and operations costs In this portion of your Business plan you will identify: Budgeting type Revenue sources Expected revenue from each source Expenditure sources Operations costs Labor costs (Salaries, benefits, payroll taxes, etc.) Liability insurance You will also need to discuss requirements associated with revenue sources. For example, if you are going to bill Medicare, Medicaid or Private insurance what requirements might you need to meet Also briefly discuss how your expenditures demonstrate working to achieve the goals and objectives of your business. Must include a minimum of 5 peer-reviewed references NOTE: All papers are to be composed in the APA format. 5-7 pages not including title page or reference page ITEM VALUE GRADE IDENTIFIES BUSINESS TYPE 10 POINTS DISCUSSES BENEFIT OF BUSINESS TYPE 5 POINTS IDENTIFIES BUDGETING TYPE BUSINESS WILL OPERATE UNDER 10 POINTS IDENTIFIES POTENTIAL REVENUES SOURCES FOR BUSINESS 10 POINTS DISCUSSES EXPECTED REVENUES FROM EACH SOURCE 10 POINTS IDENTIFY EXPENDITURE SORUCES 10 POINTS DISCUSSES POTENTIAL REQUIREMENTS OF REVENUE SOURCES 10 POINTS DEMONSTRATES HOW EXPENDITURES ALIGN WITH GOALS AND OBJECTIVES OF BUSINESS 20 POINTS MINIMUM OF 5 PRIMARY REFERENCES 10 POINTS WRITING AND GRAMMAR 5 POINTS APA FORMATTING 5 POINTS NOTES: it will be a corporation. THis is a continuation of previous assignmentPlease find previous coarse work for this same assignment